Tax Planning for 2025: Start Smart, Stay Ahead
Tax planning isn’t just for April—it’s a year-round strategy. And with 2025 shaping up to be a pivotal year for tax law (hello, TCJA sunset), now is the time to take a proactive approach.At N&Co, we believe tax season should be empowering, not overwhelming. Whether...
TCJA Sunset: What You Need to Know Before 2026
*Note: There have been no official changes to the tax law at the time of this posting. As you may be aware, the provisions of the 2017 Tax Cuts and Jobs Act (TCJA) are due to sunset on December 31, 2025, unless extended by new legislation. Please be aware that any...End-of-Year Charitable Deduction Opportunities
If you’re considering making charitable donations this year, contributing to a Scholarship-Granting Organization (SGO) could be beneficial. Ohio residents can receive a nonrefundable, dollar-for-dollar tax credit up to $750 (or $1,500 for married couples filing...
Will You Be Receiving A Form 1099-K in January? Here’s What You Need to Know!
Taxpayers who have received payments via third-party payment processing platforms (such as PayPal, Stripe, Venmo, and CashApp) for selling goods or services might be surprised to receive a Form 1099-K in January. We suggest reviewing the following information to make...